Obama sows seeds of demise By Dick Morris Posted: 04/28/09 05:45 PM [ET] When the Obama administration crashes and burns, with approval ratings that fall through the floor, political scientists can trace its demise to its first hundred days. While Americans are careful not to consign a presidency they desperately need to succeed to the dustbin of history, the fact is that this president has moved — on issue after issue — in precisely the opposite direction of what the people want him to do.
Right now, Obama’s ratings must be pleasing to his eye. Voters like him and his wife immensely and approve of his activism in the face of the economic crisis. While polls show big doubts about what he is doing, the overwhelming sense is to let him have his way and pray that it works.
But beneath this superficial support, Obama’s specific policies run afoul of the very deeply felt convictions of American voters. For example, the most recent Rasmussen Poll asked voters if they wanted an economic system of complete free enterprise or preferred more government involvement in managing the economy. By 77-19, they voted against a government role, up seven points from last month.
And in the Fox News poll — the very same survey that gave Obama a 62 percent approval rating and reported that 68 percent of voters are “satisfied” with his first hundred days — voters, by 50-38, supported a smaller government that offered fewer services over a larger government that provided more.
By 42-8, the Fox News poll (conducted on April 22-23) found that voters felt Obama had expanded government rather than contracted it (42 percent said it was the same size) and, by 46-30, reported believing that big government was more of a danger to the nation than big business. (By 50-23, they said Obama felt big business was more dangerous.)
By 62-20, they said government spending, under Obama, was “out of control.”
So if voters differ so fundamentally with the president on the very essence of his program, why do they accord him high ratings? They are like the recently married bride who took her vows 100 days ago. It would be a disaster for her life if she decides that she really doesn’t like her husband. But she keeps noticing things about him that she can’t stand. It will be a while before she walks out the door or even comes to terms with her own doubts, but it is probably inevitable that she will.
For Americans to conclude that they disapprove of their president in the midst of an earth-shaking crisis is very difficult. But as Obama’s daily line moves from “I inherited this mess” to “There are faint signs of light,” the clock starts ticking. If there is no recovery for the next six months — and I don’t think there will be — Obama will inevitably become part of the problem, not part of the solution.
And then will come his heavy lifting. He has yet to raise taxes, regiment healthcare or provide amnesty for illegal immigrants. He hasn’t closed down the car companies he now runs and he has not yet forced a 50 percent hike in utility bills with his cap-and-trade legislation. These are all the goodies he has in store for us all.
Obama’s very activism these days arrogates to himself the blame for the success or failure of his policies. Their outcome will determine his outcome, and there is no way it will be positive.
Why?
• You can’t borrow as much as he will need to without raising interest rates that hurt the economy;
• The massive amount of spending will trigger runaway inflation once the economy starts to recover;
• His overhaul of the tax code (still in the planning phases) and his intervention in corporate management will create such business uncertainty that nobody will invest in anything until they see the lay of the land;
• His bank program is designed to help banks, but not to catalyze consumer lending. And his proposal for securitization of consumer loans won’t work and is just what got us into this situation.
So Mr. Obama should enjoy his poll numbers while he may.
Did anyone watch obama's press conference tonight? He really is the most cool, calm, articulate speaker EVER. He really leaves nothing for the media to report on. I believe that is one of the reasons why the polls are dropping off in his favor. He may be a sleek speaker, but he clearly either lacks or chooses to not show authentic concern.
He 'appears' weak. And with everything coming down on this country and the world, I think the people would prefer to see a president that projects strength combined with true compassion. I'm not seein' that.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
/me didn't watch - but I just saw a headline that says he threw Bush/Cheney under the bus and called waterboarding Torture. That leaves them open to prosecution by the World Court as a "war crime". Pelosi knew about it, and I'm sure the rest of the senators did too - does that mean they're all guilty?
Must not have been any teleprompter problems tonight - guess the guy from a few nights ago isn't doing that job anymore?
OBAMA: "Number one, we inherited a $1.3 trillion deficit.... That wasn't me. Number two, there is almost uniform consensus among economists that in the middle of the biggest crisis, financial crisis, since the Great Depression, we had to take extraordinary steps. So you've got a lot of Republican economists who agree that we had to do a stimulus package and we had to do something about the banks. Those are one-time charges, and they're big, and they'll make our deficits go up over the next two years." - in Missouri.
Congress controls the purse strings, not the president, and it was under Democratic control for Obama's last two years as Illinois senator. Obama supported the emergency bailout package in President George W. Bush's final months - a package Democratic leaders wanted to make bigger.
To be sure, Obama opposed the Iraq war, a drain on federal coffers for six years before he became president. But with one major exception, he voted in support of Iraq war spending.
He works like a doctor/nurse in the ER....calm and cool and control at all times.....I wonder if that is how he views the US right now.....like a blood filled emergency room with carnage all over?.........
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
Even a messiah loses his training wheels By Wesley Pruden (Contact) | Tuesday, May 12, 2009
Disconnecting the training wheels is a scary prospect for every apprentice biker, even with Daddy standing close by. We can sympathize with Barack Obama's fright as his moment approaches. It's not easy suddenly being on your own, paying the price of falling with your own skinned knees and bruised elbows.
Nevertheless, the dreadful moment approacheth. Anticipating D-Day, Peter Orszag, the president's budget director, said Monday that the scarier than expected economic news - the deficit out of control, tax receipts down and costs of bailouts and "stimulus" plans up - is all the fault of George W. Bush: "It's an economic crisis President Obama inherited."
But Mr. Obama has already been president for more than a hundred days, and passing the hundred-day mark, irrelevant milestone as it may be, was cited as dead-solid proof that the president is the messiah he told everyone he was. Reality, however, has begun to cast a shadow over the White House, still as faint as the bright golden haze on the meadow but visible enough. "Blaming George" still makes a tingle run up the legs of all the hymn-singing true believers, but outside the embrace of the cult, that tingle is beginning to sting instead. This is Mr. Obama's government now. The White House on Monday said the new estimate of the budget deficit would nearly reach $2 trillion - that's trillion, with a "t" - and that's nearly 13 percent of the entire gross domestic product. Pretty gross any way you spin it, and the president's men (and women) are spinning it as best they can. Alas, the country's predicament, if not yet the president's, is probably worse than it looks.
The projected budget deficit is four times larger than the deficit record set last year. We can blame that one on George, but George, big spender that he was, turns out to have been a tightwad. Maybe this is the "change" Mr. Obama promised. Yes, he did.
The administration insisted Monday that by the end of this year the gross domestic product will be growing at a rate of 3.5 percent, which would be good news so good that it's likely to be too good to be true, and it's certainly more optimistic than any private economic forecast anyone has seen beyond the White House fence.
The White House flogged this news in a statement studded with more weasel words than usual: "Although the economic downturn so far in 2009 has been more severe than the administration expected when the forecast was finalized, if the financial system begins to function more normally, there is every reason to expect a somewhat stronger recovery, given the depth of the current recession." Translation: "Don't blame us, nothing is ever the fault of the messiah, maybe everything will get a little better if it actually does get better. We hope. But don't count on it."
What shines through the spinning, bright and bold, is that Mr. Obama no longer believes in the pie in the sky he promised. He has obviously learned a few things in his first hundred days. "Wow! So that's where babies come from." But he still can't give up his teleprompter, his training wheels and good ol' George. Good ol' George is the president's teddy bear. He can't go to sleep without Teddy. George is his imaginary person, too, on whom he can blame everything. He feels very close to imaginary George.
George the imaginary person threatens everything Mr. Obama has in store for us - higher taxes (whether disguised as "user fees" or "investments"), Al Gore's vast scheme to combat global warming whether the globe is warming or not, and a health-care plan guaranteed to eventually assure every American access to medical care equal to the quality health care now available in France, Canada, Britain and maybe even Lower Volta.
The good news, such as it is, is that the remaking of America in a way that a Chicago street "activist" of a generation ago hardly dared dream of may be of such potent poison that the body politic will reject it, as a healthy human body might reject a massive dose of arsenic (perhaps administered by someone in old lace). Several of the president's Democratic allies in Congress are already balking at his scheme to extract killer taxes, such as curbing deductions for mortgage interest, gifts to churches and charities, and state and local taxes.
Soaking the rich, so-called, is OK, but marinating the rich may not be helpful. More than skinned knees and bruised elbows are in prospect as Barack Obama finally discovers that ready or not, he's the president now.
FACT CHECK: Data belie Biden stimulus anecdotes By MATT APUZZO – 21 hours ago
WASHINGTON (AP) — In his first quarterly report on the nation's stimulus package, Vice President Joe Biden uses anecdotes to paint a glowing picture of an economy on the rebound. In reality, the picture is incomplete and the colors far more muted.
It is not disputed that Washington is spending historic amounts of money at a rate far faster than normal. Workers are getting tax breaks, Washington is picking up a greater share of state Medicaid costs and road construction projects are beginning.
Even Recovery.gov, the Web site that has yet to live up to its billing as a one-stop way to track every penny, offers more information than typical government programs, and faster.
But the effect of that spending is less clear. Many of the claims the White House is making are based on anecdotes selected to fit the Obama administration's message. For instance, the report cites a newspaper article about workers being rehired at a factory in Chicago. That account is true, but is no more an accurate snapshot of the nation's economy than a story, not cited in the report, about a Roanoke, Va., railcar factory closing.
Capturing the full effect of the stimulus at this early stage is difficult, but the administration has set high bars for success. In championing those successes, however, the White House plays a little loose with the facts.
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BIDEN SAID: First-time homebuyers are "driving increased activity in the home sales market," while mortgage and title companies are hiring more workers because of the first-time homebuyer tax credit included in the stimulus bill.
THE FACTS: The report cites anecdotes from a New Orleans business journal to back up the claim. It's true, buyers are taking advantage of the $8,000 first-time homebuyer tax credits. The IRS said more than 567,000 tax returns claimed the credit in just the first weeks of the program. But that hasn't provided an immediate turnaround in the market.
Since February, sales of existing homes have fallen 3 percent and new home sales are down .6 percent.
And the number of jobs in the real estate industry has declined by about 20,500, according to the Department of Labor.
There are signs that the housing market is improving. But the numbers suggest that if the market bottomed out, it did so in January, before the stimulus was passed.
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BIDEN SAID: Employment agencies are placing more workers in jobs, and demand is up since February.
THE FACTS: The report cites an interview with an employment service manager quoted in the same New Orleans business article. The anecdote may be true, but it's impossible to extrapolate that any further, even just to New Orleans. The city has lost more than 200 jobs since February. Overall, Louisiana lost 16,085 jobs over the same span, according to the Department of Labor.
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THE WHITE HOUSE SAID: The stimulus has created or saved 150,000 jobs.
THE FACTS: Since February, the nation has lost more than 1.3 million jobs, according to the Department of Labor. To make the case that the country created jobs over that same stretch, the White House has put forward a benchmark of jobs created "or saved." The argument is that the job numbers would have been even worse had it not been for the stimulus, and the difference between those numbers is a net positive.
To visualize that disconnect, consider this: The administration has promised to create or save 600,000 more jobs in the next 100 days. Even if the nation loses another 5 million jobs during that span (a highly unlikely prospect) the White House could still claim success.
There are few hard numbers when it comes to tracking stimulus jobs. The Obama administration numbers are based on estimates by the White House Council of Economic Advisers, based largely on a formula Obama's transition team put forward. It estimates the effect of tax breaks, government spending and social programs on job growth.
Spending money will put people to work. But spending has a cost. At some point, Washington will have to pay for this program, either by raising taxes or interest rates, and those policies typically hurt job growth. The Obama administration's job data do not take into consideration this back-end cost, an omission some economists, particularly conservative economists, say is a flaw in the analysis.
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